European Financial Stability Facility Act 2010
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Amendment of Euro Area Loan Facility Act 2010. |
6.— The Euro Area Loan Facility Act 2010 is amended by substituting the following section for section 4, with effect from the passing of that Act: | |
“Reports by Minister to Dáil Éireann. | ||
4.— (1) In respect of each reporting period the Minister shall, as soon as practicable after the end of the period, cause a report to be laid before Dáil Éireann that includes the following information: | ||
(a) the aggregate amount of moneys advanced by the State under section 2 during the reporting period, | ||
(b) the aggregate amount of moneys received by the State under section 3 during the reporting period, | ||
(c) the aggregate amount of moneys advanced by the State under section 2 up to the end of the reporting period, | ||
(d) the aggregate amount of moneys received by the State under section 3 up to the end of the reporting period, and | ||
(e) the aggregate amount of moneys outstanding and owed to the State under the loan facility at the end of the reporting period. | ||
(2) In subsection (1) “reporting period” means— | ||
(a) each of the following periods— | ||
(i) the period from 20 May 2010 to 31 December 2010, | ||
(ii) the period in any year after 2010 from 1 January to 30 June, | ||
(iii) the period in any year after 2010 from 1 July to 31 December, | ||
or | ||
(b) within each period to which paragraph (a) relates, such shorter periods as the Minister may from time to time consider appropriate in the circumstances.”. |